CAMS Eligibility Requirements

  • What is the change to CAMS eligibility requirements?

    We are changing the number of qualifying credits one can attain for education past a master’s degree, as well as the number of qualifying credits one can attain for work experience.  Although 40 qualifying credits are still required, this change means that applicants with a JD degree or a PhD can qualify based solely on education, and those applicants with 4 verified years of financial crime compliance work experience can qualify solely based on their experience.  In addition, we will not be asking for references.

    Old Requirements

    • Active ACAMS membership
    • 40 qualification credits required from a combination of the following:

    Education
    • 10 credits for Associates
    • 20 credits for Bachelors
    • 30 credits for Masters

    Work Experience
    • 10 credits for each year of anti-financial crime compliance experience, up to 30 credits maximum

    Training
    • 1 credit for each hour of anti-financial-crime related training

    New Requirements

    • Active ACAMS membership
    • 40 qualification credits required from a combination of the following:

    Education
    • 10 credits for Associates
    • 20 credits for Bachelors
    • 30 credits for Masters
    40 credits for JD/Ph.D.

    Work Experience
    • 10 credits for each year of anti-financial crime compliance experience, with no limit

    Training
    • 1 credit for each hour of anti-financial-crime related training

  • Why is ACAMS making the changes to certification eligibility?

    We review our eligibility requirements as needed based on feedback from both candidates and employers. The changes to increase the qualifying credits that can come from higher levels of education and work experience reflect this feedback and we believe will simplify the process for many candidates.

  • When will the new eligibility requirements take effect?

    The new requirements take effect upon publication of our new web application form with the changes, effective November, 2019.

  • If my application was previously rejected but would qualify under the new requirements, can I re-apply?

    Yes, you can re-apply once these new requirements take effect.